STOCK TITAN

[Form 4] Veritex Holdings, Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Veritex Holdings, Inc. (VBTX) filed a Form 4 disclosing insider transactions by Chief Financial Officer Terry Earley. The filing covers activity on July 1, 2025, one day after Earley’s retirement became effective (June 30, 2025).

  • Vesting/Conversion (Code M): 97,204 restricted stock units (RSUs) automatically vested and converted into common shares at a $0 exercise price, reflecting retirement-based acceleration.
  • Tax Withholding Sale (Code F): 42,485 shares were disposed of at $26.87 per share to satisfy withholding obligations.
  • Post-transaction ownership: Earley now holds 245,259 direct shares and 8,286 indirect shares (IRA), for a total beneficial ownership of 253,545 shares.

The net effect is an increase of roughly 54,700 directly held shares, signalling that the retiring executive retains a sizable equity stake. No derivative securities remain outstanding after the RSU conversion.

While the filing confirms Earley’s retirement and updated ownership, it does not address succession plans or strategic impacts. Investors typically view large insider holdings as alignment of interests, but the departure of a key financial executive can introduce short-term governance and continuity questions.

Veritex Holdings, Inc. (VBTX) ha presentato un Modulo 4 che rende note le transazioni interne effettuate dal Direttore Finanziario Terry Earley. Il documento riguarda attività del 1° luglio 2025, un giorno dopo l’effettiva decorrenza del pensionamento di Earley (30 giugno 2025).

  • Acquisizione/Conversione (Codice M): 97.204 unità di azioni vincolate (RSU) sono state automaticamente maturate e convertite in azioni ordinarie con prezzo di esercizio pari a 0$, riflettendo un’accelerazione dovuta al pensionamento.
  • Vendita per ritenuta fiscale (Codice F): 42.485 azioni sono state vendute a 26,87$ ciascuna per soddisfare gli obblighi fiscali di ritenuta.
  • Proprietà post-transazione: Earley detiene ora 245.259 azioni dirette e 8.286 azioni indirette (IRA), per una proprietà totale di 253.545 azioni.

L’effetto netto è un incremento di circa 54.700 azioni detenute direttamente, segnalando che il dirigente in pensionamento mantiene una quota azionaria significativa. Non rimangono titoli derivati in circolazione dopo la conversione delle RSU.

Il documento conferma il pensionamento di Earley e l’aggiornamento della proprietà azionaria, ma non fornisce informazioni sui piani di successione o sugli impatti strategici. Gli investitori generalmente considerano le grandi partecipazioni interne come un allineamento di interessi, tuttavia l’uscita di un dirigente finanziario chiave può sollevare interrogativi a breve termine sulla governance e sulla continuità.

Veritex Holdings, Inc. (VBTX) presentó un Formulario 4 revelando transacciones internas realizadas por el Director Financiero Terry Earley. La presentación cubre actividades del 1 de julio de 2025, un día después de que la jubilación de Earley entrara en vigor (30 de junio de 2025).

  • Consolidación/Conversión (Código M): 97,204 unidades de acciones restringidas (RSU) se consolidaron automáticamente y se convirtieron en acciones comunes con un precio de ejercicio de $0, reflejando una aceleración por jubilación.
  • Venta para retención fiscal (Código F): 42,485 acciones se vendieron a $26.87 por acción para cumplir con las obligaciones de retención de impuestos.
  • Propiedad después de la transacción: Earley ahora posee 245,259 acciones directas y 8,286 acciones indirectas (IRA), para una propiedad total beneficiaria de 253,545 acciones.

El efecto neto es un aumento de aproximadamente 54,700 acciones en propiedad directa, lo que indica que el ejecutivo jubilado mantiene una participación accionaria considerable. No quedan valores derivados pendientes tras la conversión de las RSU.

Si bien la presentación confirma la jubilación de Earley y la actualización de su propiedad, no aborda planes de sucesión ni impactos estratégicos. Los inversores suelen ver grandes participaciones internas como un alineamiento de intereses, pero la salida de un ejecutivo financiero clave puede generar dudas a corto plazo sobre la gobernanza y la continuidad.

Veritex Holdings, Inc. (VBTX)는 최고재무책임자 테리 얼리(Terry Earley)의 내부자 거래를 공시하는 Form 4를 제출했습니다. 해당 제출서는 2025년 7월 1일의 활동을 포함하며, 이는 얼리의 은퇴가 발효된 다음 날(2025년 6월 30일)입니다.

  • 권리 취득/전환 (코드 M): 97,204개의 제한 주식 단위(RSU)가 자동으로 권리 취득되어 행사 가격 $0로 보통주로 전환되었으며, 이는 은퇴에 따른 가속화를 반영합니다.
  • 세금 원천징수 판매 (코드 F): 42,485주가 주당 $26.87에 처분되어 원천징수 의무를 충족했습니다.
  • 거래 후 소유 현황: 얼리는 현재 245,259주의 직접 보유 주식8,286주의 간접 보유 주식(IRA)을 보유하여 총 253,545주의 실질 소유권을 가지고 있습니다.

순효과는 약 54,700주의 직접 보유 주식 증가로, 은퇴하는 임원이 상당한 지분을 유지하고 있음을 나타냅니다. RSU 전환 후 파생 증권은 남아 있지 않습니다.

이번 제출서로 얼리의 은퇴와 소유권 업데이트가 확인되었지만, 승계 계획이나 전략적 영향에 대한 언급은 없습니다. 투자자들은 일반적으로 대규모 내부자 지분을 이해관계 일치로 보지만, 주요 재무 임원의 퇴임은 단기적으로 거버넌스 및 연속성에 대한 의문을 불러일으킬 수 있습니다.

Veritex Holdings, Inc. (VBTX) a déposé un formulaire 4 divulguant des transactions d’initiés réalisées par le directeur financier Terry Earley. Le dépôt couvre les activités du 1er juillet 2025, un jour après la prise d’effet de la retraite d’Earley (30 juin 2025).

  • Acquisition/Conversion (Code M) : 97 204 unités d’actions restreintes (RSU) ont automatiquement acquis le droit et ont été converties en actions ordinaires à un prix d’exercice de 0 $, reflétant une accélération liée à la retraite.
  • Vente pour retenue fiscale (Code F) : 42 485 actions ont été cédées au prix de 26,87 $ chacune pour satisfaire aux obligations de retenue à la source.
  • Propriété post-transaction : Earley détient désormais 245 259 actions directes et 8 286 actions indirectes (IRA), soit une propriété bénéficiaire totale de 253 545 actions.

L’effet net est une augmentation d’environ 54 700 actions détenues directement, indiquant que le dirigeant retraité conserve une participation significative. Aucun titre dérivé ne reste en circulation après la conversion des RSU.

Bien que le dépôt confirme la retraite d’Earley et la mise à jour de sa propriété, il ne traite pas des plans de succession ni des impacts stratégiques. Les investisseurs considèrent généralement les importantes détentions d’initiés comme un alignement des intérêts, mais le départ d’un cadre financier clé peut soulever des questions à court terme sur la gouvernance et la continuité.

Veritex Holdings, Inc. (VBTX) reichte ein Formular 4 ein, das Insider-Transaktionen des Chief Financial Officers Terry Earley offenlegt. Die Einreichung betrifft Aktivitäten vom 1. Juli 2025, einen Tag nach dem wirksamen Ruhestand von Earley (30. Juni 2025).

  • Vesting/Umwandlung (Code M): 97.204 Restricted Stock Units (RSUs) wurden automatisch fällig und in Stammaktien zum Ausübungspreis von 0$ umgewandelt, was eine beschleunigte Freigabe aufgrund des Ruhestands widerspiegelt.
  • Verkauf zur Steuerabführung (Code F): 42.485 Aktien wurden zum Preis von 26,87$ pro Aktie verkauft, um Steuerabzugsverpflichtungen zu erfüllen.
  • Eigentum nach der Transaktion: Earley hält nun 245.259 direkte Aktien und 8.286 indirekte Aktien (IRA), insgesamt 253.545 Aktien.

Der Nettoeffekt ist eine Zunahme von etwa 54.700 direkt gehaltenen Aktien, was darauf hinweist, dass der pensionierte Geschäftsführer weiterhin einen bedeutenden Aktienanteil besitzt. Nach der Umwandlung der RSUs bestehen keine Derivate mehr.

Die Einreichung bestätigt Earleys Ruhestand und die aktualisierte Eigentümerschaft, geht jedoch nicht auf Nachfolgepläne oder strategische Auswirkungen ein. Investoren sehen große Insider-Beteiligungen meist als Interessensangleichung, doch der Weggang eines wichtigen Finanzvorstands kann kurzfristig Fragen zur Unternehmensführung und Kontinuität aufwerfen.

Positive
  • Significant insider ownership retained: After retirement, Earley still controls 253,545 shares, aligning interests with shareholders.
Negative
  • CFO retirement confirmed: Departure of a key financial executive may raise short-term continuity and governance concerns.

Insights

TL;DR: Routine retirement-linked RSU vesting; minor net share increase, limited market impact.

The filing is largely mechanical. A zero-cost RSU conversion increased Terry Earley’s direct stake by 97 k shares, partly offset by a 42 k share sale for taxes. His total ownership (≈253 k shares) signals continued alignment even after retirement. No purchase for investment purposes occurred, so the transaction is unlikely to be interpreted as a bullish signal. Given shares sold were tax-related and the executive is leaving, I classify the market impact as neutral.

TL;DR: Filing confirms CFO retirement; continuity risks outweigh ownership increase.

Form 4 formally records Earley’s exit and related equity settlement. Accelerated vesting on retirement is standard under most executive agreements. The maintenance of a substantial direct position can cushion succession concerns, but investors will focus on the appointment and credibility of a new CFO, which is not covered here. As such, governance impact is modestly negative yet not materially price-moving in isolation.

Veritex Holdings, Inc. (VBTX) ha presentato un Modulo 4 che rende note le transazioni interne effettuate dal Direttore Finanziario Terry Earley. Il documento riguarda attività del 1° luglio 2025, un giorno dopo l’effettiva decorrenza del pensionamento di Earley (30 giugno 2025).

  • Acquisizione/Conversione (Codice M): 97.204 unità di azioni vincolate (RSU) sono state automaticamente maturate e convertite in azioni ordinarie con prezzo di esercizio pari a 0$, riflettendo un’accelerazione dovuta al pensionamento.
  • Vendita per ritenuta fiscale (Codice F): 42.485 azioni sono state vendute a 26,87$ ciascuna per soddisfare gli obblighi fiscali di ritenuta.
  • Proprietà post-transazione: Earley detiene ora 245.259 azioni dirette e 8.286 azioni indirette (IRA), per una proprietà totale di 253.545 azioni.

L’effetto netto è un incremento di circa 54.700 azioni detenute direttamente, segnalando che il dirigente in pensionamento mantiene una quota azionaria significativa. Non rimangono titoli derivati in circolazione dopo la conversione delle RSU.

Il documento conferma il pensionamento di Earley e l’aggiornamento della proprietà azionaria, ma non fornisce informazioni sui piani di successione o sugli impatti strategici. Gli investitori generalmente considerano le grandi partecipazioni interne come un allineamento di interessi, tuttavia l’uscita di un dirigente finanziario chiave può sollevare interrogativi a breve termine sulla governance e sulla continuità.

Veritex Holdings, Inc. (VBTX) presentó un Formulario 4 revelando transacciones internas realizadas por el Director Financiero Terry Earley. La presentación cubre actividades del 1 de julio de 2025, un día después de que la jubilación de Earley entrara en vigor (30 de junio de 2025).

  • Consolidación/Conversión (Código M): 97,204 unidades de acciones restringidas (RSU) se consolidaron automáticamente y se convirtieron en acciones comunes con un precio de ejercicio de $0, reflejando una aceleración por jubilación.
  • Venta para retención fiscal (Código F): 42,485 acciones se vendieron a $26.87 por acción para cumplir con las obligaciones de retención de impuestos.
  • Propiedad después de la transacción: Earley ahora posee 245,259 acciones directas y 8,286 acciones indirectas (IRA), para una propiedad total beneficiaria de 253,545 acciones.

El efecto neto es un aumento de aproximadamente 54,700 acciones en propiedad directa, lo que indica que el ejecutivo jubilado mantiene una participación accionaria considerable. No quedan valores derivados pendientes tras la conversión de las RSU.

Si bien la presentación confirma la jubilación de Earley y la actualización de su propiedad, no aborda planes de sucesión ni impactos estratégicos. Los inversores suelen ver grandes participaciones internas como un alineamiento de intereses, pero la salida de un ejecutivo financiero clave puede generar dudas a corto plazo sobre la gobernanza y la continuidad.

Veritex Holdings, Inc. (VBTX)는 최고재무책임자 테리 얼리(Terry Earley)의 내부자 거래를 공시하는 Form 4를 제출했습니다. 해당 제출서는 2025년 7월 1일의 활동을 포함하며, 이는 얼리의 은퇴가 발효된 다음 날(2025년 6월 30일)입니다.

  • 권리 취득/전환 (코드 M): 97,204개의 제한 주식 단위(RSU)가 자동으로 권리 취득되어 행사 가격 $0로 보통주로 전환되었으며, 이는 은퇴에 따른 가속화를 반영합니다.
  • 세금 원천징수 판매 (코드 F): 42,485주가 주당 $26.87에 처분되어 원천징수 의무를 충족했습니다.
  • 거래 후 소유 현황: 얼리는 현재 245,259주의 직접 보유 주식8,286주의 간접 보유 주식(IRA)을 보유하여 총 253,545주의 실질 소유권을 가지고 있습니다.

순효과는 약 54,700주의 직접 보유 주식 증가로, 은퇴하는 임원이 상당한 지분을 유지하고 있음을 나타냅니다. RSU 전환 후 파생 증권은 남아 있지 않습니다.

이번 제출서로 얼리의 은퇴와 소유권 업데이트가 확인되었지만, 승계 계획이나 전략적 영향에 대한 언급은 없습니다. 투자자들은 일반적으로 대규모 내부자 지분을 이해관계 일치로 보지만, 주요 재무 임원의 퇴임은 단기적으로 거버넌스 및 연속성에 대한 의문을 불러일으킬 수 있습니다.

Veritex Holdings, Inc. (VBTX) a déposé un formulaire 4 divulguant des transactions d’initiés réalisées par le directeur financier Terry Earley. Le dépôt couvre les activités du 1er juillet 2025, un jour après la prise d’effet de la retraite d’Earley (30 juin 2025).

  • Acquisition/Conversion (Code M) : 97 204 unités d’actions restreintes (RSU) ont automatiquement acquis le droit et ont été converties en actions ordinaires à un prix d’exercice de 0 $, reflétant une accélération liée à la retraite.
  • Vente pour retenue fiscale (Code F) : 42 485 actions ont été cédées au prix de 26,87 $ chacune pour satisfaire aux obligations de retenue à la source.
  • Propriété post-transaction : Earley détient désormais 245 259 actions directes et 8 286 actions indirectes (IRA), soit une propriété bénéficiaire totale de 253 545 actions.

L’effet net est une augmentation d’environ 54 700 actions détenues directement, indiquant que le dirigeant retraité conserve une participation significative. Aucun titre dérivé ne reste en circulation après la conversion des RSU.

Bien que le dépôt confirme la retraite d’Earley et la mise à jour de sa propriété, il ne traite pas des plans de succession ni des impacts stratégiques. Les investisseurs considèrent généralement les importantes détentions d’initiés comme un alignement des intérêts, mais le départ d’un cadre financier clé peut soulever des questions à court terme sur la gouvernance et la continuité.

Veritex Holdings, Inc. (VBTX) reichte ein Formular 4 ein, das Insider-Transaktionen des Chief Financial Officers Terry Earley offenlegt. Die Einreichung betrifft Aktivitäten vom 1. Juli 2025, einen Tag nach dem wirksamen Ruhestand von Earley (30. Juni 2025).

  • Vesting/Umwandlung (Code M): 97.204 Restricted Stock Units (RSUs) wurden automatisch fällig und in Stammaktien zum Ausübungspreis von 0$ umgewandelt, was eine beschleunigte Freigabe aufgrund des Ruhestands widerspiegelt.
  • Verkauf zur Steuerabführung (Code F): 42.485 Aktien wurden zum Preis von 26,87$ pro Aktie verkauft, um Steuerabzugsverpflichtungen zu erfüllen.
  • Eigentum nach der Transaktion: Earley hält nun 245.259 direkte Aktien und 8.286 indirekte Aktien (IRA), insgesamt 253.545 Aktien.

Der Nettoeffekt ist eine Zunahme von etwa 54.700 direkt gehaltenen Aktien, was darauf hinweist, dass der pensionierte Geschäftsführer weiterhin einen bedeutenden Aktienanteil besitzt. Nach der Umwandlung der RSUs bestehen keine Derivate mehr.

Die Einreichung bestätigt Earleys Ruhestand und die aktualisierte Eigentümerschaft, geht jedoch nicht auf Nachfolgepläne oder strategische Auswirkungen ein. Investoren sehen große Insider-Beteiligungen meist als Interessensangleichung, doch der Weggang eines wichtigen Finanzvorstands kann kurzfristig Fragen zur Unternehmensführung und Kontinuität aufwerfen.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Earley Terry

(Last) (First) (Middle)
C/O VERITEX HOLDINGS, INC.
8214 WESTCHESTER DRIVE, SUITE 800

(Street)
DALLAS TX 75225

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Veritex Holdings, Inc. [ VBTX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/01/2025 M 97,204(1) A $0 245,259 D
Common Stock 07/01/2025 F 42,485 D $26.87 202,774 D
Common Stock 8,286 I By Terry S Early - Individual Retirement Account
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit (2) 07/01/2025 M 97,204(1) (1) (1) Common Stock 97,204 $0 0 D
Explanation of Responses:
1. Represents the total shares vested for multiple awards/grant dates due to the retirement of the reporting person, effective June 30, 2025.
2. Represents a right to receive at settlement one share of common stock of the Company.
Remarks:
/s/ C. Malcolm Holland, III, by power of attorney 07/03/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Veritex (VBTX) shares did Terry Earley acquire on July 1, 2025?

He acquired 97,204 shares through the conversion of vested RSUs.

Why were 42,485 Veritex shares disposed of at $26.87?

The shares were sold/withheld (Code F) to cover statutory tax obligations related to the RSU vesting.

What is Terry Earley’s total share ownership after the transaction?

He directly owns 245,259 shares and indirectly owns 8,286 shares, totaling 253,545 shares.

Does the filing indicate that Veritex’s CFO has retired?

Yes. The explanation notes Earley’s retirement was effective June 30, 2025.

Are any derivative securities still outstanding for the former CFO?

No. All 97,204 RSUs were converted, leaving zero derivative securities outstanding.
Veritex Holdings

NASDAQ:VBTX

VBTX Rankings

VBTX Latest News

VBTX Latest SEC Filings

VBTX Stock Data

1.46B
52.04M
3.78%
93.36%
2.48%
Banks - Regional
State Commercial Banks
Link
United States
DALLAS